After two years of irrational exuberance, we are back to earth when it comes to Cleantech investment. On the menu this week, Gerard and Laurent are reviewing the Cleantech 100 report (15th edition). The overall ecosystem is down 40% yoy, but it has also cleaned the foam and is now revealing the future. We discuss the 5 sub-sectors (agriculture, transportation, materials, resources, and energy) Our conclusion is that the sector has digested its excesses and is on a path to a new start. Link to the report https://www.cleantech.com/the-global-cleantech-100/